RESAAS Services Inc., a technology solutions provider to the real estate industry, reports its head of industry development, Joe Schneider, organized, hosted and moderated the inaugural International MLS Forum.

A release states the event’s focus was on “the importance of a single global real estate data standard as the basis for industry innovation.” More than 100 leaders from 32 countries attended the forum, representing all areas of the global industry, including real estate broker-owners, association executives and MLS CEOs.

Addressing need to standardize global real estate sharing and transacting

Having spent over six years as the National Association of Realtors’ director of global strategy, Schneider witnessed firsthand the “absolute need to standardize how real estate is shared and transacted globally”.

He hosted the forum to get thought leaders from the global industry together so they could work on solutions that encourage international collaboration, knowledge sharing and technological innovation.

“Most countries’ real estate markets are loosely regulated and have virtually no central data repositories or standards”

Schneider explains: “In most countries besides the U.S. and Canada, real estate markets are loosely regulated and have virtually no central data repositories or standards. Most brokers outside North America focus their efforts on hyper-local markets.

The goal for the event was to leverage technology to bring high-quality real estate market data to global real estate brokerages and agencies.”

Learn more about the forum here.

Photo source: mlsforum.org